Virgin America May Be Looking For A Buyer
by Daniel McCarthy /Photo: Ad Meskens
Virgin America is considering a sale, Bloomberg reports.
Launched in 2007 by Richard Branson, Virgin America went public seven years later. It did not begin to see profits until 2013, but posted its largest profit in the fourth quarter of 2015, $190.9 million, up from $3.9 in the same quarter in 2014.
While Virgin is not commenting on the rumors, Bloomberg said the company is putting out feelers on a potential sale of all or part of the company. The British airline Virgin Atlantic, is partially owned by Delta.